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Write a program that calculates and prints the monthly paycheck for an employee

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Write a program that calculates and prints the monthlypaycheck for an employee. The net pay is calculated after takingthe following deductions:
Federal Income Tax: 15%
State Tax 3.5%
Social Security Tax: 5.75%
Medicare/Medicaid Tax: 2.75%
Pension Plan: 5%
Health Insurance: $75.00
Your program should prompt the user to input the gross amount and the gross employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows:
Bill Robinson
Gross Amount: ……………………$3575.00
Federal Tax : ………………………$ 536.25
StateTax:   …………………………$  125.13
Social Security Tax:……………..$  205.56
Medicare/Medicaid Tax:………$    98.31
Pension Plan: ……………………..$  178.75
Health Insurance:…………………$    75.00
Note that the left column is left-justified, and the right column is right-justified.
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Write a program that calculates and prints the monthlypaycheck for an employee. The net pay is calculated after takingthe following deductions:
Federal Income Tax: 15%
State Tax 3.5%
Social Security Tax: 5.75%
Medicare/Medicaid Tax: 2.75%
Pension Plan: 5%
Health Insurance: $75.00
Your program should prompt the user to input the gross amount and the gross employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows:
Bill Robinson
Gross Amount: ……………………$3575.00
Federal Tax : ………………………$ 536.25
StateTax:   …………………………$  125.13
Social Security Tax:……………..$  205.56
Medicare/Medicaid Tax:………$    98.31
Pension Plan: ……………………..$  178.75
Health Insurance:…………………$    75.00
Note that the left column is left-justified, and the right column is right-justified.

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